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1
Retirement Planning Can Ease Anxiety
2
How to Set Retirement Goals
3
Financial Regulation Offices (by State)
4
Where To Establish Your IRA Account
5
Valuation is An Art – But that Doesn’t Mean It’s Always Pretty

Retirement Planning Can Ease Anxiety

Louise Nayer, author of Poised for Retirement: Moving From Anxiety to Zen, kept a diary right before she officially retiring and during the first few years of retirement and she used this, along with interviews and research, to write a book to help retirees.

Nayer told Forbes in an interview that she found whether people were well prepared or ill prepared for retirement, they were all worried about money.

In hindsight, Nayer considers some financial decisions her family made and says she might have done some things differently. She muses that her children may have been just …

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How to Set Retirement Goals

Yogi Berra once said, “You’ve got to be very careful if you don’t know where you are going because you might not get there.” Perhaps he was pondering retirement. Without a retirement plan you can’t tell “if you’re there yet.”

But saving something toward retirement and hoping for the best does not constitute an adequate plan. Because retirement is years – even decades – away, planning is more critical, not less. The more detailed the retirement plan, the greater the likelihood of success.

All financial planning begins by listing your financial goals. Most of us are not motivated primarily …

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Financial Regulation Offices (by State)

While the gossip of the moment is about the fiduciary standard, it’s important to realize that people can fall victim to bad financial advice, even from a fiduciary.  Most fee-only financial planners are registered as investment advisers.

Every registered investment advisor (RIA) is required to file form ADV, which contains a lot of information.  RIAs are also required to register with either a state regulatory office or the Securities & Exchange Commission.

These regulatory offices are responsible for ensuring that RIAs comply with federal and state laws.  They should also be your first checking point to ensure:

  • The person
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Where To Establish Your IRA Account

Establishing and contributing to an IRA (Traditional or Roth) is pretty simple and straightforward. There are many institutions where you can establish your IRA accounts:  banks, savings and loans, credit unions, insurance companies, mutual fund companies, and brokerages.  There are pros and cons to each type of institution, as we’ll list below.  These alternatives represent the major options for opening your IRA, in no particular order.

where to establish your IRA

Institution

Pros

Cons

Banks, Savings and Loans & Credit Unions

Banks are well-known as some of the most stable and conservative institutions in our financial industry.  For many folks, this is an assurance that
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Valuation is An Art – But that Doesn’t Mean It’s Always Pretty

Fri, AUG 4th, 2017

Monet was brilliant with color and stoke. Picasso used interesting shapes and had an uncanny ability to impart mood. Renoir celebrated sensuality. Each had critics, but all share a common trait: artists widely regarded as great in their field. We can squabble about taste, but there’s little debate around their influence. Ansel Adams once said: there is nothing worse than a sharp image of a fuzzy concept. Indeed. Whether it’s art, engineering, or investing, eminent concepts and high quality work are timeless.

On traditional time-honored metrics like P/E, earnings yield, “Fed model” and equity risk …

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